At $1,775/mo, rent takes about 26% of the local median household income, comfortably within the 30% benchmark.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,775 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: October 17, 2026
What the numbers show
30% of the median household income ($80,982) is $2,025 a month. That covers HUD's Fair Market Rent for up to a 3-bedroom ($1,710); a 4-bedroom is $2,060.
From Zillow's monthly rent index (ZORI) for Palmetto. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.
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Who lives here
Palmetto, GA is majority owner-occupied, 15.5% of residents hold a bachelor's degree or higher.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Palmetto, GA has changed in 5 years
Local incomes tracked alongside that move, going from a median of $48,266 in 2021 to $80,982 more recently. Renters now make up 40% of households, compared with 45.6% five years ago. College-educated residents now make up 15.5% of adults here, versus 19.8% in 2021.
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Can you afford rent in Palmetto on your salary?
At $1,775/mo, how Palmetto rent compares to typical pay (30% rule).
Palmetto rent by bedroom count
Median rent for each apartment size in Palmetto. Click any size for full breakdown.
Tips for renters in Palmetto
Last updated: October 17, 2026
The median rent in Palmetto is $1,775/mo as of October 2026. A studio apartment averages $1,230/mo while a 2-bedroom runs $1,420/mo. One-bedroom apartments average $1,280/mo and 3-bedroom units go for $1,710/mo.
At 26% of local median household income ($80,982/yr), Palmetto ranks as affordable compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.
Frequently asked questions
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Is rent going up or down in Palmetto?
How does Palmetto rent compare to other cities in Georgia?
Which nearby cities are cheaper to rent in than Palmetto?
At $1,775/mo, rent takes ~26% of Palmetto's median household income ($80,982/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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